Jul 14, 2026 – 7.29amKKR is in active due diligence at the $5.8 billion insurance broking business Steadfast Group, working hand in glove with United States insurance distribution giant Amwins and bid partner Dragoneer Investment Group.Street Talk can reveal KKR’s local deal makers, advised by Goldman Sachs, have been part of the consortium from the get-go, and want to co-own Steadfast’s broking unit with Dragoneer, a growth-focused buyout firm. Amwins would take the underwriting unit.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Angira Bharadwaj is a banking and financial services reporter for The Australian Financial Review. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
KKR plays the long game at $5.8b Steadfast Group; Goldies in tow
KKR’s inclusion in the consortium was formalised before it lobbed a $6 per share bid in June, sources said.
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